Citi will automatically pay a core contribution of 7.5% of your salary on your behalf.

  • To help you have as much as possible ready for your future, you will automatically have a further 2% of your pensionable salary paid in as regular, monthly contribution on your behalf. You can choose to make these ‘saver’ contributions at a different rate – either more or less than 2%, but they must be a whole percent based on your pensionable salary. You can also choose not to make saver contributions at all. You can make changes in the SELECT windows. You can also see your contribution rate by going to MyCitiPension > My Pension. You can also see your contribution rate by going to MyCitiPension > Contribution Rate
  • Citi will match your ‘saver’ contributions by paying an extra 50p for each £1 paid. So a 2% saver contribution will receive a 1% match from Citi. This matching applies to saver contributions of 8% of your pensionable salary. So Citi will pay a maximum of 4% in matching contributions. You can see the full value of all contributions, on MyCitiPension > Quotes > My Projected Pension

Your plan handbook can be found on the MyCitiPension site. Log in or go directly back to that site if you've come from there, then click on to News and Guides where you'll find the Plan Library. All of your important documents are found here, along with the plan handbook.

What else should I know?

You'll pay your 'saver contributions' through salary sacrifice, rather than directly out of your salary. This saves you and Citi money because income tax and National Insurance Contributions are based on your earnings and so by agreeing to lower your salary by the amount being paid into the Citi Plan, both you and Citi reduce the amount they have to pay. More detailed information about how salary sacrifice works can be found on MyCitiPension.

Automatic escalation

Your payments to the Citi Plan will automatically increase each year until you’re paying the maximum of 4% of your salary. Citi’s payments will automatically increase too, so you’re getting the most out of paying into the Plan.

Find Out More

Want to understand how your money is taxed?

Find out more

Want to make changes to how much you’re paying? Go to SELECT  and find out when you can do it.

Go back to basics

Knowing what a pension plan is and how it works is the first step in making plans for the future.

 Find out more

Make an impact with your investments

How you invest your money makes a big impact on the value of your retirement savings.

 Find out more

What about tax?

Find out about tax on your pension savings and how Citi can help.

 Find out more